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NextDecade Corporation is considering carbon capture and storage (CCS) technologies to reduce carbon emissions at the proposed Rio Grande LNG project.

10/8/2020

NextDecade has announced that it has developed proprietary processes using proven technology to reduce carbon dioxide equivalent (CO₂e) emissions at its proposed Rio Grande LNG facility by approximately 90 percent. The company is also hoping to reduce the remaining emissions at the site to reach full carbon neutrality.

NextDecade has evaluated multiple technical solutions to determine the commercial viability of significantly reducing CO₂e emissions at Rio Grande LNG. Based on these evaluations, NextDecade states that carbon capture and storage (CCS) is the most feasible technical solution for the project.

CEO and Chairman Matt Schatzman added that “Natural gas has a critical role to play in the global energy transition to a low-carbon economy, ensuring the security of energy supplies and preserving high quality jobs in the United States and around the world,” and that “Our work to date confirms that reliable, competitively priced LNG and responsible environmental stewardship are not mutually exclusive. A solution that promises both is indeed eminently feasible with the thoughtful use of existing technologies and the application of our proprietary processes.”

NextDecade is planning to unveil a final investment decision in 2021 for the Rio Grande LNG project.